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Oct 8, 2012
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we'll take you live to california for the latest. with , a crash management system and the world's only tridion safety cell which can withstand over three and a half tons. small in size. big on safety. [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. with the blackish-blue frame and the white dots and the splattered paint pattern, your lights are on. what? [ male announcer ] the endlessly customizable 2013 smart. >>> california trying to allow for some leave at the pump. governor jerry brown asked pollution regulators to start selling winter blend fuel. the average price of regular unleaded hitting $4.66 a gallon yesterday. our jane wells is on the case live this morning in north ridge, california, an amazing number, jane. >> reporter: hey, carl, $4.58 at costco. costco is getting sup
we'll take you live to california for the latest. with , a crash management system and the world's only tridion safety cell which can withstand over three and a half tons. small in size. big on safety. [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you...
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Oct 5, 2012
10/12
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and other refinery issues in california and jane wells is at a gas station in northridge, california. is it open, jane, because i hear some gas stations are actually closing. >> yes, they are and they're lining up at this gas station this morning like they're selling iphones, trying to get in while supplies gas. the cheapest price is $4.42. i snapped a photo. gas is now topping $5 a gallon in many places. they're calling it a perfect storm. refinery -- california refines its own special gasoline. you've got these refinery problems, you mentioned and issues are happening at the same time that the state is transitioning over to mandated winter blends and the result is record-high prices and that also means some stations are running out of fuel because they don't have it. they are shutting down and it's concentrated in southern california. costco tells us 16 of its gas stations have had to close for now. that's 40% of the stores stores have in southern california including in the san fernando valley where they said they don't know when they will be resupplied. this is the life blood. >>
and other refinery issues in california and jane wells is at a gas station in northridge, california. is it open, jane, because i hear some gas stations are actually closing. >> yes, they are and they're lining up at this gas station this morning like they're selling iphones, trying to get in while supplies gas. the cheapest price is $4.42. i snapped a photo. gas is now topping $5 a gallon in many places. they're calling it a perfect storm. refinery -- california refines its own special...
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Oct 19, 2012
10/12
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the biggest drop was in california, and while texas added the most jobs in september, california added the most jobs this year. they're being created in all areas. it is coming from start up businesses. is the election on ceo andy moeck's mind? >> in the equation we have to hire or not hire someone, who is in office is zero input. >> chevron was interviewing engineers this week to see if they're willing to move to bakersfield. >> you have to go where the jobs are, you have to follow the work, you can't restrict yourself in an kmie like this to something that's just close by. >> then there are the swing states in this election. michigan which lost the most jobs, followed by ohio with job losses for nearly that much, and while ohio showed gains of almost 90,000 jobs, there remains there long unemployed people like mark jacobs, searching craigslist every day. >> right now i'm applying for temporary holiday work like department stores and stuff. i tried that last year, got interviews, but not a position. people are saying jobs are number one. for me that's true. i don't give a damn about t
the biggest drop was in california, and while texas added the most jobs in september, california added the most jobs this year. they're being created in all areas. it is coming from start up businesses. is the election on ceo andy moeck's mind? >> in the equation we have to hire or not hire someone, who is in office is zero input. >> chevron was interviewing engineers this week to see if they're willing to move to bakersfield. >> you have to go where the jobs are, you have to...
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Oct 17, 2012
10/12
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i actually know someone out in california, the epicenter of the subprime crisis in northern california, he rented out a lot of the homes they built, and people walked out not just with the washer, dryer, subzero refrigerator, they even took the kitchen sink. you can't make that up. multipliers are a little less. i think it's really important you saw in the industrial production numbers, which were weak yesterday. where was that strength? carpeting, aplipss, and furniture. you're starting to see the housing market and the fact that housing prices are no longer falling and people are seeing those headlines, biggest wealth effect out there. >> tom, big leaders today, dr horton, pultze. and every other week we get a valuation call saying party's going to end. is it close to being over? >> we did a piece in august, one of several pieces, housing cycles for the stocks last three to five years. we're not even one year into these cycles. last three cycles, 100% of the move was rerating. you really shouldn't focus on earnings actually. i think it's a pretty classic cycle. i'd still buy them at
i actually know someone out in california, the epicenter of the subprime crisis in northern california, he rented out a lot of the homes they built, and people walked out not just with the washer, dryer, subzero refrigerator, they even took the kitchen sink. you can't make that up. multipliers are a little less. i think it's really important you saw in the industrial production numbers, which were weak yesterday. where was that strength? carpeting, aplipss, and furniture. you're starting to see...
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Oct 9, 2012
10/12
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now, to that end i think what happened in california is very apropos. you have a state this is always in the environmental camp and once the environmentalists had to pay a big jump in gas prices or inconvenienced at long lines or stations out of gas, boy did that blend hit the road t reminded me of one of my favorite very spicy winston churchill quotes, let's put the quote on the streen and i will read it. churchill, a big party with a bunch of socialites, ma'am, would you sleep we many for 5 million pounds. >> goodness. >> i suppose we would have to discuss the terms of course. would you sleep with me for 5 pounds. >> mr. churchill, what kind of woman do you think i am? >> ma'am, we already established that and now we're haggling about the price. i am sorry, but that fits to a t. another big issue was the job's report. many of course were talking about my prediction last month and before the number about the rate being under 8%. connect the dots. why did it happen? here is some of the other dot connectors. this is from deutsche bank. it is note worthy
now, to that end i think what happened in california is very apropos. you have a state this is always in the environmental camp and once the environmentalists had to pay a big jump in gas prices or inconvenienced at long lines or stations out of gas, boy did that blend hit the road t reminded me of one of my favorite very spicy winston churchill quotes, let's put the quote on the streen and i will read it. churchill, a big party with a bunch of socialites, ma'am, would you sleep we many for 5...
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Oct 15, 2012
10/12
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another california pension fund, the california public employees retirement system, which has $273 billion under management, is opposing the re-election of rupert murdoch and his sons james and lachlan from the board. this according to the telegraph. they have not responded to request for comment. these two join a broad list of investors against the murdoch family control. proxy advisory service glass lewis and british hedge fund hermes have come out in opposition to his role as chir. christian brothers investment services gathered 18 investors with more than $1.6 trillion in assets under management and $13.4 million news corp. class a shares. they expressed support for an independent chairman. opposition to murdoch's control of the board has been growing since the phone hacking scandal in news of the world last summer though there was opposition to murdoch at last year's meeting. this is the first meeting to include resolutions against murdoch on the proxy voting form that allows investors to vote against murdoch without traveling to los angeles. but the murdoch family is unlikely to be o
another california pension fund, the california public employees retirement system, which has $273 billion under management, is opposing the re-election of rupert murdoch and his sons james and lachlan from the board. this according to the telegraph. they have not responded to request for comment. these two join a broad list of investors against the murdoch family control. proxy advisory service glass lewis and british hedge fund hermes have come out in opposition to his role as chir. christian...
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Oct 23, 2012
10/12
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for over 60,000 california foster children, extra curricular activities help provide a sense of identity and a path to success. joining the soccer team. getting help with math. going to prom. i want to learn to swim. it's hard to feel normal, when you can't do the normal things. to help, sleep train is collecting donations for the extra activities that, for most kids, are a normal part of growing up. not everyone can be a foster parent... but anyone can help a foster child. >>> only one thing can brighten this market day. that's simon hobbs. >> in three hours time we'll know if apple has it with launch of ipad mini. we'll talk about that with two shareholders in the next hour of the show and what marissa mayer is doing at yahoo! and fundamentals on facebook going into their earnings tonight and more importantly we'll talk about this market and whether the bernanke put is dissolving before our eyes. back to you. >> let's get to six in 60. six stocks in 60 seconds give or take a few. >> rbc says buy. if you see this go up, china stimulus is working. >> pmis tonight overnight. news out of t
for over 60,000 california foster children, extra curricular activities help provide a sense of identity and a path to success. joining the soccer team. getting help with math. going to prom. i want to learn to swim. it's hard to feel normal, when you can't do the normal things. to help, sleep train is collecting donations for the extra activities that, for most kids, are a normal part of growing up. not everyone can be a foster parent... but anyone can help a foster child. >>> only...
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Oct 26, 2012
10/12
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road map starts in cupertino, california, where apple earnings missed. gross margins fell and the stock is moderately higher. we'll go through positives and negatives of a controversial quarter. >> amazon posted first loss in a decade with operating expenses up 28%. higher as well premarket. are investors too nervous to short those names in the holiday season? >> broad market is lower despite the gdp number. we'll get the view. >>> bombshell ticktock in "the new york times." >>> futures off the lows after the release of the final -- preliminary hearing gdp report from before the presidential election. data showing the economy grew 2% in the third quarter. that's above expectations and up from 1.3 we saw in q-2. numbers were boosted by consumer spending and defense and a big part of this, we'll see today whether we're still in an environment where people question data clearly gdp is more hard to manipulate than the jobs number. >> i thought the same. as soon as numbers came out, i said the people who do not like obama will say this was padded by five more
road map starts in cupertino, california, where apple earnings missed. gross margins fell and the stock is moderately higher. we'll go through positives and negatives of a controversial quarter. >> amazon posted first loss in a decade with operating expenses up 28%. higher as well premarket. are investors too nervous to short those names in the holiday season? >> broad market is lower despite the gdp number. we'll get the view. >>> bombshell ticktock in "the new york...
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Oct 24, 2012
10/12
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what a beautiful day it looks like in california. >>> facebook bouncing back, can it prove itsity itcritics wron the long run? >>> and a wall street trading legend, hedge fund guru tpg-axon's dinakar singh. we're back after a short break. , or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. >>> shares of facebook soaring on track for their best percentage gain in their short life as a public company, beating third quarter expectations, showing they can make some money from mobile advertising. there's a look at the shares at 23.85. michael packard is an analyst at web bush securities, had a bye rating on the stock since before the ipo and michael you almost apologized to investors for wanting to buy the stock so early on, riding it through the summer. is today your moment to shine in the sun? is this today your make good
what a beautiful day it looks like in california. >>> facebook bouncing back, can it prove itsity itcritics wron the long run? >>> and a wall street trading legend, hedge fund guru tpg-axon's dinakar singh. we're back after a short break. , or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter...
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Oct 30, 2012
10/12
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the earthquakes in california. i have to tell you what i saw last night in downtown manhattan, what went on in the south shore of long island, were some of the worst conditions that i had seen. the hudson river downtown manhattan was literally pouring in to the ground zero site with such a force that we were worried about the structure of the pit itself. joe lhoda and i just happened to run into each other in downtown manhattan, and when i tell you the hudson river was pouring into the brooklyn battery tunnel like a river at high velocity so it was a frightening site, and while the hudson river was coming over from the west, the east river was coming over from the east, and -- and the amount of water and the acceleration and the rising of the river was really -- was really frightening. and the response of the responders i tell you was as courageous as anything i've seen because it was frightening, it was truly frightening, and when every instinct in your body is telling you to take to you a place of safety and run
the earthquakes in california. i have to tell you what i saw last night in downtown manhattan, what went on in the south shore of long island, were some of the worst conditions that i had seen. the hudson river downtown manhattan was literally pouring in to the ground zero site with such a force that we were worried about the structure of the pit itself. joe lhoda and i just happened to run into each other in downtown manhattan, and when i tell you the hudson river was pouring into the brooklyn...
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Oct 2, 2012
10/12
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had the least -- you sold more than $1600 for the year, are most of those sales primarily coming in california? and how much is being juiced by the leasing deals you're petting out there in order to bring people in with massive discounts? >> a lot of the estimates, incentive spend or overstated are quite frankly, bill. new technology, but but we have to take a much longer approach with the vehicle. a halo here, the elec strks rication of a month's story. we feel good because it set a record. >> kurt, i understand where you're coming from. what is the average incentive for the bull market? what's the average cash on the moot market or anything that we would put on a given vehicle. >> it is competitive to be in the marketplace. it is a much bigger story to tell than just a monthly story. that is technology that we need to continue to grow both in the u.s. and globally. and we'll continue to do that. >> kurt mcneil, joining us from general motors headquarters when sales numbers went up just a smidge. melissa, back to you. >>> thank you, phil lebeau. we have another dose of breaking news. let's go
had the least -- you sold more than $1600 for the year, are most of those sales primarily coming in california? and how much is being juiced by the leasing deals you're petting out there in order to bring people in with massive discounts? >> a lot of the estimates, incentive spend or overstated are quite frankly, bill. new technology, but but we have to take a much longer approach with the vehicle. a halo here, the elec strks rication of a month's story. we feel good because it set a...
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Oct 18, 2012
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the entire town of bridgeville, california. a honus wagner baseball card. i wonder, ken, over time, if the average -- maybe the median price point has to have gone up, right? >> actually, i think you're seeing the price come down. two reasons there. one would be the vehicle sales category is becoming a much smaller factor for the company, and second has been around currency headwinds. pricing was down in the quarter. if you separate out the vehicles, i think that that's something that will stand to increase over time too. >> we should have the buy now button for the g2 jet. >> i think they're close. >> ken, thanks so much. always good to talk to you. >> thank you. >> subcategory based on color. we've got a market flash here. this time within the semiconductor space. brian sullivan is back at headquarters. >> thanks, michelle. when you're trading at 34 times earnings, you'd better not disappoint the street. that's exactly what mellanox has done, israeli based semiconductor manufacturer. the problem, the street estimating $156 million. that stock is down 21%.
the entire town of bridgeville, california. a honus wagner baseball card. i wonder, ken, over time, if the average -- maybe the median price point has to have gone up, right? >> actually, i think you're seeing the price come down. two reasons there. one would be the vehicle sales category is becoming a much smaller factor for the company, and second has been around currency headwinds. pricing was down in the quarter. if you separate out the vehicles, i think that that's something that...
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Oct 1, 2012
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. >> now we've got car driving themselves on route 1 in california thanks to google. >> take a look at shares of oracle, surging today on the first day of its open world conference. it's up 1.6%. really nice, strong gain, bucking the trend amongst its peers, as well as a broader market. one of those ipos going to hit the market workday. that's a cloud play, expected to be a hot ipo. in fact, people are already estimating that revenues will hit $1 billion by 2015. so workday is that ipo. could be in oracle's back yard in terms of competition. >> i find it amazing. oracle's application growth was nil. and there frankly is not -- the growth tends to be acquisition growth. and people love it. they don't look through the numbers. one of the frustrating things for the purists is there wasn't a lot of growth in oracle and the stock didn't get hit. this is a remarkable time, guys. here you don't have the classic what you want to see from tech, which is good revenue growth and no one seems to mind. >> i think in certain companies, investors are willing to look past. that's oracle, that's amazon
. >> now we've got car driving themselves on route 1 in california thanks to google. >> take a look at shares of oracle, surging today on the first day of its open world conference. it's up 1.6%. really nice, strong gain, bucking the trend amongst its peers, as well as a broader market. one of those ipos going to hit the market workday. that's a cloud play, expected to be a hot ipo. in fact, people are already estimating that revenues will hit $1 billion by 2015. so workday is that...